Sentences with phrase «withdrawal in a policy year»

10 % Free Withdrawal Rider Beginning in the second policy year, any withdrawal charges and MVA will be waived for the first withdrawal in a policy year of an amount up 10 % of the account value as of the last policy anniversary.
Partial Withdrawal Charge — There is one free partial withdrawal in a policy year, after which subsequent partial withdrawals are charged at Rs. 100.
Partial Withdrawal Charge is Rs. 250 per withdrawal with the first four withdrawals in a policy year being free of cost.
In a policy year, the maximum amount that can be partially withdrawn is 50 % of the Fund Value as on the Date of Partial Withdrawal, subject to the Fund Value immediately after Partial Withdrawal being at least equal to1 (One) Annualised Premium i.e., you may make two Partial Withdrawals in a policy year such that the summation of percentage of Fund Value withdrawn, is less than or equal to 50 %
Subsequent Partial Withdrawal in a policy year shall attract a charge of 200 per withdrawal.
You have the flexibility to make up to four Partial Withdrawals in each policy year free of charge.
Only the first partial withdrawal in a policy year is free.

Not exact matches

The IEA's forecasts overlap largely with the Trump administration's pursuit of what it calls «energy dominance» — a strategy that has been visible in its rollback of various Obama - era policies this year (above all in the U.S.'s withdrawal from the Paris Climate Accord), and in a big expansion of federal acreage offered for oil and gas prospecting.
In what aides described as a call for a more forceful Lib Dem message, he will reportedly go beyond existing party policy on Iraq by urging a firm timetable for the withdrawal of all 8,500 British troops by the end of the year.
Experts are still questioning the extent to which Trump's promised Paris withdrawal, along with his systematic unraveling of other Obama - era climate and environmental policies, may affect domestic carbon emissions in the coming years.
They have been joined in bringing Inner Fire to launch by Thomas Kavet, an economist and public policy expert, who has assisted with business, planning, construction and financial matters, Dr. Sandy Reider, a Harvard - trained physician who has practiced in Vermont for the past 42 years and Dr. Nelson Kloster, a Vermont psychiatrist who specializes in addiction and drug - withdrawal treatment.
If more than one withdrawal is taken in a policy year and the sum of all withdrawals taken during that year exceeds the above limitation, the withdrawal charge and MVA will apply to each withdrawal, including the first one.
In certain cases, during the first 15 years of a policy a partial withdrawal may be taxable to the extent there is gain in the policIn certain cases, during the first 15 years of a policy a partial withdrawal may be taxable to the extent there is gain in the policin the policy.
For example, if a depositor wishes to close a one - year CD account after two months but the bank's policy states that an early withdrawal penalty equal to three months» interest would be due in that event, then the bank will dip into the depositor's principal balance to make up for the shortfall between the interest earned and the penalty.
For over thirty years, Mr. Miklave has represented employers and management in all areas of employment, civil rights, and traditional labor law, including issues arising under federal and state anti-discrimination and anti-retaliation statutes; non-compete agreements and other post-employment restrictions; wage and hour investigations and litigation; multi-employer pension plan withdrawal liability and administration; collective - bargaining negotiations, administration and enforcement proceedings; corporate restructurings, reorganizations and plant closings; and employment practices and policies.
Liquidity is available in the form of partial withdrawals, which are allowed after the first five policy years are completed.
Partial Withdrawal Charge — This policy allows one partial withdrawal free of cost in a poWithdrawal Charge — This policy allows one partial withdrawal free of cost in a powithdrawal free of cost in a policy year.
In addition, certain withdrawals from a policy that is not classified as a MEC and that are made within the first 15 years after it is issued may be fully or partially taxable.
No Lapse Guarantee1 The policy is guaranteed to remain in force during the first five policy years if the total premium paid (less withdrawals and indebtedness) is at least equal to the cumulative monthly no lapse premium required.
Two partial withdrawals are permitted in a single policy year, in which only the first is free of charge.
It also offers access to cash value via policy loans and withdrawals — which include net - zero cost loans in policy years six and later.
Some payment plans, such as «automatic withdrawal from your bank account» or paying the policy term «in full,» can save you a few dollars per year.
There is access to the cash value via loans and / or withdrawals — which includes the opportunity to take net - zero cost loans in policy years six and beyond.
With the same issue ages as the «Bonus SPDA» policy, it follows in much the same way with the two riders we've seen throughout and a penalty - free withdrawal after year one.
Complete withdrawal from the policy without any insurance benefit and rider benefits: In case the policyholder chooses to withdraw the policy or does not exercise any option, then the policy treatment would vary depending on the number of completed policy years.
The cash value of whole life policy is not volatile, it accumulates cash value year after year after year, and only goes up in value as long as there are no withdrawals or loans taken by the owner.
In case of death after attaining 60 years, Partial Withdrawals made under the policy two years before attaining 60 years as well as all Partial Withdrawals after attaining 60 years will be considered as deductible Partial Withdrawal.
After the first five policy years, a maximum of two Partial Withdrawals are allowed in a policy year and are free of any charge.
After the first 5 policy years, a maximum of 2 Partial Withdrawals are allowed in a policy year and are free of any charge
In case of death after attaining the age of 60: Partial withdrawals made under the policy 2 years before attaining age 60 and all the partial withdrawals after attaining the age of 60.
First 4 partial withdrawals, 4 fund switches and 4 premium redirections in a policy year are free.
Liquidity is available in the form of partial withdrawals, which are allowed from the sixth policy year onward.
If you are in need of cash, you can make withdrawals following the completion of five policy years
Partial Withdrawal Charge — One partial withdrawal is permitted free of cost in a poWithdrawal Charge — One partial withdrawal is permitted free of cost in a powithdrawal is permitted free of cost in a policy year.
Partial Withdrawal Charge — This policy allows one partial withdrawal free of cost in a policy year from the Top Up Fund or the SinglWithdrawal Charge — This policy allows one partial withdrawal free of cost in a policy year from the Top Up Fund or the Singlwithdrawal free of cost in a policy year from the Top Up Fund or the Single Premium.
[3] No more than four withdrawals can be made in any policy year.
A low allocation charge plan which offers flexibility to avail loans and also make policy withdrawals post completion of one year in case of financial emergencies.
Partial Withdrawal Charge — This policy allows twelve partial withdrawals free of cost in a policy year.
Liquidity is available in the form of partial withdrawals that are allowed after the first five policy years are completed.
Partial Withdrawal Charge — This policy allows six partial withdrawals free of cost in a policy year.
In certain cases, during the first 15 years of a policy a partial withdrawal may be taxable to the extent there is gain in the policIn certain cases, during the first 15 years of a policy a partial withdrawal may be taxable to the extent there is gain in the policin the policy.
A maximum of 2 withdrawals are allowed in each policy year.
In times of distress, make partial withdrawals from your fund, subject to a minimum amount of Rs. 10,000 and completion of 5 policy years
Liberty to withdraw money after 6th policy year to meet interim emergencies, subject to a minimum withdrawal of Rs. 5000, and provided premium of five years have been paid in full
Get 4 Fund Switch, Premium Redirection and Partial Withdrawal each absolutely free in a policy year
Irda's draft has said partial withdrawals may be permitted from the second policy year onwards, subject to ensuring maintenance of a minimum balance equivalent to one annual premium in the policy account.
Partial Withdrawal is allowed after completion of five policy years (in case of minor lives, life assured attains 18 years).
Partial Withdrawal is allowed from 6th policy year onwards and in case of minor lives, the life assured attains 18 years of age.
A maximum of 15 partial withdrawals is allowed during the entire policy term, in case of policy term more than 10 years.
Unlimited Partial Withdrawal is allowed from 6th policy year onwards (in case of minor lives, life assured attains 18 years).
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